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A cleaner, more modern interface, with the exact same workflows you already know. Plus dark mode and a few quality-of-life upgrades. Nothing about how you work has changed, only the look.
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News
Fraud insights, customer stories and announcements from Paays.
202612 posts
The Cost of Convenience: Why Your “Check-the-Box” KYC is a Fraudster’s Best Friend
Compliance KYC and Fraud Prevention KYC have entirely different finish lines. Anne-Marie Kelly, Head of Fraud at Paays, on why a cheap “check-the-box” KYC is a fraudster’s best friend in automotive finance—and what a secure, fraud-first remote workflow actually looks like.
Fraud is an Operational Problem, Not Just a Tech One.
Operational risk is a silent tax—and in auto finance it’s being paid every day. Anne-Marie Kelly, Head of Fraud at Paays, on why fraud is an operational problem first, and how inconsistency across people, process, and technology drives both losses and a worse customer experience.
Customer Spotlight: Legacy Automotive Group
Customer Spotlight: Upasna Sandhu, Group Director of Finance at Legacy Automotive Group, on how two lender recommendations made the call to bring in Paays an easy one—and how the team adapted ID verification into the finance workflow.
Ghost in the Machine (Final Part): Unmasking the Invisible Attack
The final chapter of the 3-part series: Ghost in the Machine — synthetic identity fraud, where identity stops being stolen and starts being constructed. Not impersonation. Not takeover. Creation.
The Silent Invasion (Part 2): Unmasking the Invisible Attack
Part 2 of the 3-part series pulls back the curtain on the Silent Invasion — the world of third-party fraud, where bad actors don't just steal your data; they hijack your future.
Identity Isn't Just Information, It's Access (Part 1): Unmasking the Invisible Attack
Identity is no longer just a set of data points; it is the master key to a person's entire life. Part 1 of this 3-part series introduces the Mirror Trap — first-party fraud, where the threat is the person in the glass.
While You're Focused on FINTRAC… Don't Forget the Other "F-Word"
While the automotive industry races toward the April 1, 2026 FINTRAC enforcement deadline, fraud isn't waiting. As compliance frameworks are formalized, the other "f-word" — fraud — continues to evolve in plain sight.
Paays adds automotive industry veteran Randy Price to the Advisory Board
Paays is pleased to announce the addition of automotive industry veteran Randy Price to its Advisory Board.
Best Practices for Identity Verification in Auto Finance: The Operational Playbook
In the automotive ecosystem, speed has always been the advantage. But it's also what makes the industry uniquely attractive to organized fraud. This final post in the series is about the operational playbook.
Best Practices for Identity Verification in Auto Finance: Strong Defence Perimeters in Practice
If identity fraud moves through the auto finance ecosystem as a signal, then the uncomfortable truth is this: most organizations are still defending points, not paths.
Best Practices for Identity Verification in Auto Finance: Where it Breaks
Fraud in automotive finance is often framed as a dealership problem or a lender problem. In reality, it's neither—and that framing is exactly what bad actors exploit.
Best Practices for Identity Verification at Automotive Dealerships: What is the Problem?
In the automotive world, sales reps are wired to think in 30-day increments. But while sales reps are sprinting toward the month-end close, there is a sophisticated group of "customers" playing a much longer, much more dangerous game.
20251 post
Paays Financial Technologies Helps the Pioneer Automotive Group Save Over $350,000 in Potential Fraud Losses in 2024
Paays Financial Technologies ("Paays"), is thrilled to announce today a significant milestone achieved in partnership with Pioneer Automotive Group ("Pioneer").
20246 posts
Automotive Dealerships Need to Prioritize Identity-First Lending to Combat Fraud
In today’s fast-paced, digital world, consumers expect things to happen fast. This demand for instant responses has changed the way people shop for everything—including cars.
The Rising Threat of Identity Fraud in the Automotive Sector
The car-buying experience has come a long way from the days when a paper credit application and a photocopy of your driver's license was all that stood between you and your new vehicle. But has it really?
Tiago Colombo joins Paays as VP Engineering
Paays Financial Technologies Inc. ("Paays") is pleased today to announce the hiring of Tiago Colombo, as the new VP Engineering.
Paays’ Anne-Marie Kelly on protecting against fraudulent buyers
Paays’ Head of Fraud Anne-Marie Kelly has advice for dealers and their customers when it comes to protecting against identity theft, fake IDs and fraudulent purchases. She also talks about who pays and how prevalent the problem is.
Paays and Tricity Auto Group Prevent Identity Fraud
In a striking example of the power of advanced technology in combating Identity Fraud, Paays Financial Technologies Inc. (“Paays”) and Tricity Auto Group (“Tricity”) announced today that their new partnership recently averted a fraudulent vehicle sale.
$1 million seed round closed!
New fundraise announcement! We are pleased to announce today the closing of $1million (CAD) in Seed funding commitments for Paays this past Friday, January 26.
20236 posts
Paays and Yoti Partner to Reduce Identity Fraud in Auto Financing
Paays Financial Technologies Inc. (“Paays”), a leading provider of Fraud Detection, KYC, AML and Income Verification software solutions in Canada
Inovatec Announces Partnership with Paays to Provide Fraud Detection Capabilities to Canadian Lenders
FinTech Provider Delivers Robust Risk Management Capabilities That Accelerate Decisioning and Enhance Customer Satisfaction
Northlake and Paays partner to create faster income verification processes with less fraud in auto finance
Paays Financial Technologies (“Paays”), a leading provider of FinTech for Auto Finance solutions, is pleased to announce today a new partnership with Northlake Financial (“Northlake”) ...
Axis and Paays partner to reduce ID fraud in auto finance
Paays Financial Technologies (“Paays”), a leading provider of FinTech for Auto Finance solutions, is pleased to announce a new partnership with Axis Auto Finance (“Axis”), a leading provider of automotive financing in Canada.
Paays Successfully Completes Type 1 SOC 2 Examination
Paays Reports on Security Standards Established By The American Institute Of Certified Public Accountants (AICPA) for its Paays Platform.
Paays hires Maurício Mota (ex-Flinks) as Head of Product
Paays Financial Technologies Inc. (“Paays”) is pleased today to announce the hiring of Maurício “Mo” Mota, as their new Head of Product.
20221 post
Paays introduces the most powerful API in the business to help stop auto financing fraud
Paays Financial Technologies Inc. (“Paays”), a Toronto-based FinTech for Automotive Finance company today ...